Investment ratio reduced to the lowest terms

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Reference no: EM13677062

Emily, Holly, and Hannah each invested $6,000, $21,000, and $16,000, respectively, into a business.
a. Calculate their investment ratio reduced to the lowest terms.
b. The business made profits of $39,000 in its first year and the owners decided to distribute the earnings according to the ratio of their investments. How much should each investor receive as his/her share of the profits?

Reference no: EM13677062

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